Friday, April 13, 2018 12:40:21 PM
Explanation of Responses:
(1) 1. Common Stock, $.001 par value per share
(2) 2. The issuer, and the Reporting Person, one of the issuers directors, entered into a Rescission Agreement and Mutual Release on April 4, 2018, whereby, the Reporting Person disposed of the control shares held by it in the issuer.
(3) 3. On December 15, 2017, the Reporting Person, became one of the issuer's directors, and control persons entered into a Stock Purchase Agreement, whereby the Reporting Person acquired 7,100,000,000 common shares of the issuer. On April 4, 2018, the Reporting Person and the Issuer, rescinded that certain stock purchase transaction, which resulted in the Reporting Person returning the control shares held by it to the Issuer.
(4) 4. There was no consideration exchanged among the parties, as the initial stock purchase transaction was rescinded on April 4, 2018.
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